Headlines
Airbus calls for return to duty-free status for aircraft and parts
Airbus calls for return to duty-free status for aircraft and parts
Published by Global Banking and Finance Review
Posted on April 30, 2025
Published by Global Banking and Finance Review
Posted on April 30, 2025
PARIS (Reuters) -Airbus called on Wednesday for a swift return to a 1979 agreement between more than 30 countries that for decades ensured duty-free trading for aircraft and parts until the recent eruption of a trade war.
Chief Executive Guillaume Faury said there would be "only losers" from a prolonged tariff conflict, especially in the United States, home to the world's largest aerospace parts manufacturing industry.
(Reporting by Tim HepherEditing by David Goodman)
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